Rising vaccination rates, rising recovery hopes■ 1H21 core net loss of RM435m exceeded our expectations, at just 32% ofour full-year estimate (50% of consensus), due to lower-than-forecast opex.■ With management's assurance that cost savings will be defended in thefuture, we have confidence to narrow our core net loss forecast for FY21F.■ Add, with a higher […]

Read more of this post